Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereDecember Comex Gold futures posted a potentially bearish closing price reversal top on Friday after slamming into a cluster of resistance. The typically leads to a 2 to 3 day break equal to at least 50% of the last rally.Daily December Comex GoldThe short-term range is […]
Profit Alert/ New TradeMomentumOptionsTrading.com 2 New Trades (MGM, WWE) for 8/6/201411:15 a.m. (EST)I have talked about short-term weakness coming into the month of August that could last into next week following last week’s technical damage.I have mentioned the Watch List is exploding with New Trade ideas and I am taking action on 2 favorites off my list.I still want to […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereAfter two days of consolidation inside a major retracement zone, December Comex Gold futures weakened on Monday. The significance of the move is that it identified the key area buyers will have to take out in order to put gold in a position to challenge the […]
Another US stock crash round the corner, says market guruPublished time: July 29, 2014 15:26Get short URLReuters / Brendan McDermidTagsBanking, CrisisThe US stock market will suffer a 20 percent or greater pullback within 12 months says Mark Cook, a legendary investor who predicted the last three major crashes including the 2007 world eonomic crisis.The trader didn’t specify the exact time […]
Stock market pros say the “dumb money” is flooding into the stock market now, even as professional investors say the big gains are mostly over. Yeah… you’ll show them who’s dumb. Buy high, sell higher!Bubble Watch: Joe Average Is Ready to Play the MarketBubble Watch: Joe Average Is Ready to Play the MarketBubble Watch: Joe Average Is Ready to Play […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereAugust Comex Gold futures fell sharply on Thursday, following the release of stronger-than-expected U.S. Non-Farm Payrolls data. This news drove up U.S. interest rates, leading to stronger demand for the dollar and less demand for non-yielding gold.Early in the session, gold was under pressure after breaking […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereSeptember E-mini S&P 500 Index futures posted a new contract high last week as well as a strong gain for the week. The close near the high for the week puts the market inside the uptrending channel that provided direction for the index throughout the […]
Get Forex buy/sell signals directly to your email and by SMS. To learn more click hereThe AUD/USD surged last week to .9437 but fell back to .9400 into the close on Friday as investors took profits ahead of the weekend and because of short-term overbought conditions. Today is the ninth day up from the June 3 bottom at .9229 so […]
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The U.S. stock market is rigged, with elite traders buying access to a high-speed network that allows them to figure out what you’ve just ordered, order it first, then raise the price before your order is complete.And according to Michael Lewis, author of a new book about high-frequency trading called “Flash Boys,” this form of “front running” is completely legal. […]
